Ecclesiastical reports positive profit swing

Liz McMahon
24 Aug 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Its first half year results showed an overall underwriting loss of £7.5m (£15.5m loss: H1 2010) while its UK business actually delivered an underwriting profit of £3m for H1 2011 - up 10% on last year.

The group's combined operating ratio stood at 104.9% for H1 2011 (111.3% in H1 2010). Both the insurer's general business gross written premium and turnover was in line with 2010 at £240m and £254m, respectively.

Group chief executive Michael Tripp said: "The first half of this year is a good

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.